Tag Archives: value imbalance

I wonder when the Silicon Valley / Tech bubble is going to burst? It seems to me it is lacking integrity. Although it was touted as the Economic Saviour and Tech. Revolution that will propel humanity forward and create fairness, in reality it’s just hipster Entrepreneurs who claim to be different than the corporates they left but they end up emulating them.

It’s not really their fault though because they are part of an unsustainable global system that sucks them back into the same old paradigms – inequality, unnecessary growth for growth’s sake, unsustainable use of finite resources, imbalance of values.

In this video, Spotfront founder mentions the “Silicon Valley culture of Glorifying Success and ‘Big Exits’ – whilst not focussing on the fundamentals of building a business” – in other words, he’s describing the Silicon Valley PR machine.

And even he goes on an MBA instigated ramble discussing how his start-up is “Business Model Focussed” – what on earth does that mean? And what about “Cost Structures”? For a purportedly Agile Start-up this sounds too much like the overly complicated business language that many start-ups were trying to escape. Why not say “focus on doing things right and minimising your costs”?

Technology has been touted as the force that will propel humankind forward. But in reality, if people don’t have access to the tools | networks | connections | education for Technology it will continue to divide the world into the Elites and the masses. When the system is so disoriented and imbalanced as it currently is, technology cannot save us until we change our values and move to a more equatable, fair, honest system.

We’ve seen enough Venture Capital, Hipster Marketing/PR and Techies to realise that it’s mostly cool design used to coerce people into spending more on over priced designer toys and labels.